You know the old gambling adage, "The House Always Wins!"
Well today, I'm gonna tell you how you can flip the tables on that idea, and start earning a passive income by becoming a casino mogul yourself!
People's Casino which trades ERC721 tokens, but these tokens have more that just a collectible tradable function, they are also capable of hosting a gambling machine on the Ethereum blockchain. The house edge on these games is 4%. This means that the "house" has a 4% advantage on the player.
To get started on this adventure, all new need is a small amount of ETH!
Step 1: Buying your casino game
People's Casino is selling exclusively on OpenSea. Find a casino which is up for sale, and looks like your kind of jam.
Then click "BUY NOW".
Step 2: Funding your casino
No casino would operate without a kitty to fund prizes, so we next need to visit our casino and top it up with plenty of ETH.
Click "View on People's Casino".
Now we are on the landing page for your casino, but lo and behold, we are told this "casino is dry".
Click on "MANAGE MY TOKEN".
In "manage" mode we can deposit and withdrawal our "kitty". Since we currently have nothing in our reserves we will need to "DEPOSIT".
To start with, deposit what ever amount you want, but do remember, never invest more than you are willing to lose! Gambling goes both ways!
After we have successfully deposited money into our casino, we can click "BACK" and view it in all it's glory!
The players can alter the chance they have of winning the game by sliding the "WIN CHANCE" slider. Don't worry though, the payout they receive will change to counter this. The players can also choose how much they bet. They can never bet more than the house holds in it's reserves.
After the player makes a bet, the bet is "COMMITTED". The player then has approximately 1 hour to make another no cost transaction to spin the wheels. This 2 transaction approach prevents cheating on the players part. After the 2nd transaction is confirmed, the wheels spin, if the player gets 3 of the chosen emoji in a row, they win, and the ETH is transferred to their account. If they lose, the casino gets the bet amount.
Casino winnings can be withdrawn from the casino at any time.
Step 3: Promoting Your Casino Game
Now comes the fun bit. This is where you spread the word about your unique casino game on the blockchain! Share the link (This is the https://peoplescasino.online url, followed by your casino id.)
So go, buy your casino and share it with your friends and family. Buy a casino and gift it to your local charity, or just go full Donald Trump, and buy and sell them for a profit. There's no limit to how many you can buy!
